Dow Surges Over 200 Points; US Crude Oil Inventories Increase More than Expected
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 19 2025
0mins
Source: Benzinga
U.S. Stock Market Performance: U.S. stocks saw gains with the Dow Jones up over 200 points, while energy shares rose by 1.2%. However, real estate shares fell by 0.7%, and notable stock movements included Aterian, Inc. surging 31% after positive earnings results.
Economic Indicators: U.S. mortgage applications declined by 6.2% in early March, and crude oil inventories increased by 1.745 million barrels, exceeding market expectations of a 1.1 million gain.
Analyst Views on HQY
Wall Street analysts forecast HQY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for HQY is 119.60 USD with a low forecast of 100.00 USD and a high forecast of 129.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
10 Analyst Rating
9 Buy
1 Hold
0 Sell
Strong Buy
Current: 86.940
Low
100.00
Averages
119.60
High
129.00
Current: 86.940
Low
100.00
Averages
119.60
High
129.00
About HQY
HealthEquity, Inc. is engaged in providing technology-enabled services that enables consumers to make healthcare saving and spending decisions. The Company uses its technology to manage consumer tax-advantaged health savings accounts (HSAs) and other consumer-directed benefits (CDBs) offered by employers, including flexible spending accounts and health reimbursement arrangements (FSAs and HRAs), and to administer Consolidated Omnibus Budget Reconciliation Act (COBRA), commuter and other benefits. It provides consumers with payment processing services, personalized benefit information, the ability to earn wellness incentives, and investment advice. It offers an investment platform and access to an online-only automated investment advisory service to all of its members whose account balances exceed a stated threshold. It administers pre-tax commuter benefit programs through which employers are permitted to provide employees with commuter benefits including qualified transit and parking.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
